2. If C.P. of an article is Rs. 900, overhead expenses are Rs. 200 and S.P. is Rs. 1200. then profit percent is 3 A 9 11 % 4 B. 9 % 11 c. 92% C. o 11 91% D. 11
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QUESTION:-
If C.P. of an article is Rs. 900, overhead expenses are Rs. 200 and S.P. is Rs. 1200. then profit percent is 3 A 9 11 % 4 B. 9 % 11 c. 92% C. o 11 91% D. 11
ANSWER:-
Actual CP = CP + Overhead expenses = ₹ (900+200)=₹ 1100
Profit = SP - CP = ₹ 1200 - ₹ 1100 = ₹ 100
Profit percent =
Hope it helps :D
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Cp = Rs.900
overhead expenses = Rs.200
Actual C.P = Rs.1100
S.P = Rs.1200
As sp greater than cp
so, profit
Profit = Rs.100
Profit % = Profit/ cp × 100
= 100/1100 × 100
= 9.09%
so profit precent is 9.09%
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